NYSE
WTS

Watts Water Technologies Inc

Specialty Industrial Machinery
Industrials

Prices are adjusted according to historical splits.

Watts Water Technologies Inc Stock Price

Vitals

Today's Low:
$162.95
Today's High:
$168.57
Open Price:
$163.8
52W Low:
$115.3865
52W High:
$180.694
Prev. Close:
$161.27
Volume:
111400

Company Statistics

Market Cap.:
$5.61 billion
Book Value:
40.326
Revenue TTM:
$1.99 billion
Operating Margin TTM:
16.89%
Gross Profit TTM:
$874.30 million
Profit Margin:
13.16%
Return on Assets TTM:
10.78%
Return on Equity TTM:
20.87%

Company Profile

Watts Water Technologies Inc had its IPO on 1986-08-01 under the ticker symbol WTS.

The company operates in the Industrials sector and Specialty Industrial Machinery industry. Watts Water Technologies Inc has a staff strength of 4,600 employees.

Stock update

Shares of Watts Water Technologies Inc opened at $163.8 at the start of the last trading session i.e. 2023-06-03.

The stocks traded within a range of $162.95 - $168.57, and closed at $168.2.

This is a +4.3% increase from the previous day's closing price.

A total volume of 111,400 shares were traded at the close of the day’s session.

In the last one week, shares of Watts Water Technologies Inc have increased by +4.47%.

Watts Water Technologies Inc's Key Ratios

Watts Water Technologies Inc has a market cap of $5.61 billion, indicating a price to book ratio of 4.1839 and a price to sales ratio of 2.4676.

In the last 12-months Watts Water Technologies Inc’s revenue was $1.99 billion with a gross profit of $874.30 million and an EBITDA of $375.10 million. The EBITDA ratio measures Watts Water Technologies Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Watts Water Technologies Inc’s operating margin was 16.89% while its return on assets stood at 10.78% with a return of equity of 20.87%.

In Q1, Watts Water Technologies Inc’s quarterly earnings growth was a positive 19.9% while revenue growth was a positive 1.8%.

Watts Water Technologies Inc’s PE and PEG Ratio

Forward PE
21.692
Trailing PE
21.5365
PEG
2.7102

Its diluted EPS in the last 12-months stands at $7.81 per share while it has a forward price to earnings multiple of 21.692 and a PEG multiple of 2.7102. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Watts Water Technologies Inc’s profitability.

Watts Water Technologies Inc stock is trading at a EV to sales ratio of 2.5702 and a EV to EBITDA ratio of 14.2495. Its price to sales ratio in the trailing 12-months stood at 2.4676.

Watts Water Technologies Inc stock pays annual dividends of $1.2 per share, indicating a yield of 0.89% and a payout ratio of 16.98%.

Balance sheet and cash flow metrics

Total Assets
$1.99 billion
Total Liabilities
$396.20 million
Operating Cash Flow
$-5100000.00
Capital Expenditure
$5.10 million
Dividend Payout Ratio
16.98%

Watts Water Technologies Inc ended 2023 with $1.99 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.99 billion while shareholder equity stood at $1.35 billion.

Watts Water Technologies Inc ended 2023 with $25.70 million in deferred long-term liabilities, $396.20 million in other current liabilities, 3300000.00 in common stock, $831.60 million in retained earnings and $593.60 million in goodwill. Its cash balance stood at $311.80 million and cash and short-term investments were $311.80 million. The company’s total short-term debt was $0 while long-term debt stood at $147.80 million.

Watts Water Technologies Inc’s total current assets stands at $1.01 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $269.80 million compared to accounts payable of $151.30 million and inventory worth $401.20 million.

In 2023, Watts Water Technologies Inc's operating cash flow was $-5100000.00 while its capital expenditure stood at $5.10 million.

Comparatively, Watts Water Technologies Inc paid $0.17 in dividends in 2023.

Other key metrics

Current Trading Price
$168.2
52-Week High
$180.694
52-Week Low
$115.3865
Analyst Target Price
$165.2

Watts Water Technologies Inc stock is currently trading at $168.2 per share. It touched a 52-week high of $180.694 and a 52-week low of $180.694. Analysts tracking the stock have a 12-month average target price of $165.2.

Its 50-day moving average was $162.84 and 200-day moving average was $152.86 The short ratio stood at 5.6 indicating a short percent outstanding of 0%.

Around 146.9% of the company’s stock are held by insiders while 9806.2% are held by institutions.

Frequently Asked Questions About Watts Water Technologies Inc

The stock symbol (also called stock or share ticker) of Watts Water Technologies Inc is WTS

The IPO of Watts Water Technologies Inc took place on 1986-08-01

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About

Watts Water Technologies, Inc. supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control and protection products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, thermostatic mixing valves, and leak detection and protection products for plumbing and hot water applications. It also provides heating, ventilation, and air conditioning and gas products comprising commercial boilers, and water heaters and heating solutions; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless steel connectors for natural and liquid propane gas in commercial food service and residential applications. In addition, the company offers drainage and water re-use products, such as drainage products and engineered rain water harvesting solutions for commercial, industrial, marine, and residential applications; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial, marine, and residential applications. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers, as well as original equipment manufacturers, specialty product distributors, and do-it-yourself and retail chains; and wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.

Address

815 Chestnut Street, North Andover, MA, United States, 01845-6098